@Brody Veilleux, to say "cash flow is tax free" is, at best, grossly misleading and, at worst, flat out wrong.What is true is 1) taxes are based on net income and 2) cash flow does not equal net income. 

I have been considering joining AAGLA and know they have lease forms and other forms, but it is $199/yr.In the next couple months, I am looking to get a standard CA NAA lease written up with RUBS for water and sewer billing and a requirement for the tenants to carry their own renters insurance policies with $100K or so (if there are recommendations around this please let me know) liability limits.Does the community here have any advice on how best to do this and where I could get a lease form that does the trick?

As for the interest rate, it does help being 0% minimizing the cost but even if there was an interest rate, as long as you have enough room on the cards to float, it's not your money you are spending.

On sites like Twitter, I understand why people use pseudonyms or alt-handles, but here, I think it would be in everyone's best interest to add a photo and a short bio and follow the steps that BP sets out for new accounts before posting.

It's important to note that interest rates for land loans may be higher than those for residential homes.Utilities and Access: Many rural lots in Fairbanks are off-grid, so buyers should consider whether they need to drill a well, install a septic system, or bring in electricity.

The monthly profit can be anywhere from a few hundred dollars to a few thousand dollars depending on the size, condition, and rental rate of the property. 

Regarding Section 8 and grants, it's best to find other investors who specialize in this niche in your local market.

25% down conventional loan. 6.499% rate on investment property, happened to lock rate at the best time of the year a couple days before rates started to go back up.

@Douglas Alexander, best advice is to mind your numbers and don't fall in love with a particular piece of real estate.People get emotional over homes...

All the best to you and your wife!